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Question

ARVIND bought two articles for rupees 1200 each. He sold one of them at a profit of x% and other at a profit of x2 % .IF total profit is rupees 360,find the selling price of each of the articles.



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Solution

CP of first article = Rs 1200Profit % = x%profitCP×100% = x%profit1200×100 = xprofit = Rs 12xCP of second article = Rs 1200Profit % = x2%profitCP×100% = x2%profit1200×100 = x2profit = Rs 12x2Total profit = Rs 36012x + 12x2 = 36012x2 + x - 30 = 0x2 + x - 30 = 0x2 + 6x - 5x - 30 = 0xx + 6 - 5x + 6 = 0x-5x+6 = 0x - 5 = 0 or x + 6 = 0x = 5 or x = -6 rejectedSo, profit on selling first article = Rs 12x = Rs 60SP - CP = 60SP - 1200 =60SP of first article = Rs 1260Now, profit on selling second article = Rs 12x2 = Rs 300SP - CP = 300SP - 1200 = 300SP of second article = Rs 1500

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